
The World Shipping Council containers lost at sea 2020 report reveals that on average 1,382 containers are lost at sea every year, but there is a clear downward trend and in the 2017-2019 period 779 containers were lost every year.
With more than 5,000 container vessels in operation and about 789 million TEUs being handled in ports worldwide, the container trade, an extraordinary globalisation tool, accounts for nearly 18% of the total seaborne trade. On paper, having more containers crossing the oceans means a higher risk of incidents. But is that really the case?
Catastrophic events such as sinking or grounding of vessels account for half of the containers lost, but still the Continue reading “World Shipping Council containers lost at sea 2020 report issued and shows a decrease”